Pier 88 Investment Partners

What Pier 88 Investment Partners does

Pier 88 Investment Partners, LLC is a San Francisco-based alternative asset management firm founded in October 2013 by Frank T. Timons. The firm manages over $650 million in assets under management across three primary public-market strategies — the Lake Geneva Strategy (hedged small/mid-cap equities and convertibles targeting M&A takeout candidates), the Lake Geneva Long-Only Strategy, and the Lake Como Convertible Bond Strategy — plus a private-markets venture arm, Pier 88 Ventures, which invests seed-to-Series B capital into enterprise software, cybersecurity, healthcare, fintech, and property tech companies. Pier 88 reportedly applies a private-equity approach to public-market investing, with the Lake Geneva Strategy having generated approximately 60 portfolio company acquisitions by strategic or financial buyers since inception, averaging roughly six takeouts per year. The firm operates with 11–50 employees and is led by Founder/CEO/CIO Frank T. Timons, President/CMO Mitch McCullough, and Partner/Portfolio Manager/CCO Sean J. Aurigemma, supported by an independent board that includes David Walrod (ex-Oak Investment Partners) and Marco Vanderlaan and T.C. Wilson of The Doctors Company.

Name

Pier 88 Investment Partners

Legal name

Pier 88 Investment Partners, LLC

Website

https://pier88.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Pier 88 Investment Partners is a San Francisco-based alternative asset manager (founded 2013, $650M+ AUM) running the Lake Geneva public-equity/convertible strategies and Pier 88 Ventures, serving institutional and accredited investors with a focus on disruptive innovators likely to face strategic M&A.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

akta.pro secondary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Alternative asset management
• Hedge fund management
• Convertible bond investing
• Venture capital investing
• Investment management services

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Asset Management Fees: Pier 88 earns management fees on assets under management across its public markets strategies (Lake Geneva, Lake Geneva Long-Only, Lake Como Convertible Bond) and Pier 88 Ventures private market investments. The firm operates as an alternative asset manager with both institutional and individual investor client base.
2. Performance/Incentive Fees: As a boutique asset manager, Pier 88 earns performance fees on certain fund strategies, with net-of-fees returns reported for its Lake Geneva Strategy. Results are net of standard fees, expenses, and estimated incentive allocation.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Pier 88 Investment Partners is a San Francisco-based alternative asset management firm that manages public-market investment strategies (Lake Geneva, Lake Geneva Long-Only, Lake Como Convertible Bond) and private-market venture investments (Pier 88 Ventures) in enterprise software, cybersecurity, healthcare, fintech, and property tech. The firm applies a private-equity approach to small/mid-cap public equities, targeting disruptive innovators positioned for strategic M&A or PE takeout, and serves institutional investors and accredited individuals with over $650M in assets under management.

Product overview

Pier 88 Investment Partners is a San Francisco-based alternative asset management firm offering three primary investment products: the Lake Geneva Strategy (hedged equity and convertible bonds), the Lake Geneva Long-Only Strategy (unhedged equity), and the Lake Como Convertible Bond Strategy. The firm also operates Pier 88 Ventures as its private markets investment arm targeting disruptive innovators in enterprise software, cybersecurity, healthcare, fintech, and property tech. The strategies employ a private equity approach to public markets, seeking to identify strategic assets that will be acquired by larger industry players.

Differentiator

Problem solved

Functional benefit

Brands

• Lake Geneva Strategy: Focused on identifying strategic companies and disruptive innovators, primarily in the small/mid-cap growth space. Exposed to public equities and convertible bonds with ETF shorting and option hedges for risk management.
• Lake Geneva Long-Only Strategy
• Lake Como Convertible Bond Strategy

Products and services

• Lake Geneva Strategy

Quantifiable outcome

• Over 60 portfolio companies acquired by strategic or PE since 2013, averaging approximately 6 takeouts per year
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered supporting.

• OcoriansupportingOthersOcorian provides CFO and operations services to Pier 88 Investment Partners, supporting fund administration and financial operations.
• IQ-EQsupportingOthersIQ-EQ provides compliance services to Pier 88 Investment Partners, supporting regulatory and compliance functions.
• NAV ConsultingsupportingOthersNAV Consulting serves as the fund administrator for Pier 88's Lake Geneva Funds, providing NAV calculations and fund administration services.
• TriNetsupportingOthersTriNet provides HR solutions to Pier 88 Investment Partners, supporting human resources functions for the firm's employees.
• Eze Castle IntegrationsupportingOthersEze Castle Integration provides technology infrastructure services to Pier 88 Investment Partners.
• WithumsupportingOthersWithum provides audit and tax services for Pier 88's Lake Geneva Funds, Venture, and SPV structures.
• Rational/UltimussupportingOthersRational/Ultimus serves as the mutual fund distributor and administrator for Pier 88's Rational/Pier88 Convertible Securities Fund (PBXIX).
• Vedder PricesupportingOthersVedder Price provides legal counsel to Pier 88 Investment Partners.
• Morgan StanleysupportingOthersMorgan Stanley serves as a prime broker to Pier 88 Investment Partners, supporting fund operations and securities custody.
• BTIGsupportingOthersBTIG provides convertible bond trading services to Pier 88 Investment Partners.
• Marex Prime ServicessupportingOthersMarex Prime Services provides prime broker services to Pier 88 Investment Partners.
• Cole Frieman LLPsupportingOthersCole Frieman LLP provides legal and business advisory services to Pier 88 Investment Partners.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/pier88

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pier 88 Investment Partners